Commerce Office Space

Commerce

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
2,690
As of: June 22, 2017

Commerce Rates

Most listings are in the $30's per square foot per year. The Commerce region is experiencing a a rise in rates. In the last 3 months, the median rate went up $33 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the Commerce region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Commerce Listing Supply

In the last 90 days, 7 listings have been made available, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 171% of the available leases in the Commerce are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,690 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this market were built in 1967 and are Class A.

Commerce Community

A large portion of this market is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this market. Most of the folk of Commerce work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Commerce.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Commerce.
Research

Commerce Submarkets